Vardhman Polytex Limited (VPL) is a leading textile company in India with 45 years of experience in providing quality yarn products. It was established in 1980 and its headquarters are located in Ludhiana. VPL has become one of the most trusted exporters and suppliers of premium cotton and polyester yarns. VPL offers an extensive range of yarns available in various colors, textures, and thicknesses, suitable for both essential and fancy garments. The most advanced creative technologies are used by this company to ensure that their products meet all relevant standards for utility and quality. VPL has established itself as a leader in the industry by consistently sourcing high-quality cotton and polyester yarns at competitive market rates. The company’s success is credited to its capable employees, who help to establish a standard in the industry.
Vardhman Polytex Rights Issue Review
- Avoid / Risky
Vardhman Polytex Rights Issue 2024 Dates & Time Table
| Rights Issue Open: | September 12, 2024 |
| Rights Issue Close: | September 27, 2024 |
| Rights Record Date: | August 28, 2024 |
| Last Date to Buy Shares: | August 27, 2024 |
| Deemed Date of Allotment | October 8, 2024 |
| Renunciation of Rights Entitlements | September 24, 2024 |
Vardhman Polytex Rights Issue 2024 Offer Details
| Rights Issue Size: | Approx ₹49.84 Crores |
| Price Band: | ₹6 Per Equity Share |
| Face Value: | ₹1 Per Equity Share |
| Listing on: | BSE, NSE |
| Entitlement Ratio: | 7:23 (7 rights share for every 23 shares) |
| Equity: | 83,059,434 Equity Share |
| Letter of Offer: | Click Here |
| Application Form: | Click Here |
| Live Share Price: | Click Here |
Vardhman Polytex Rights Issue 2024 Form & How to Apply
You can apply for Vardhman Polytex Rights Issue 2024 in two ways:
- Net Banking (ASBA)
- Registrar’s Website (R-WAP Facility)
Vardhman Polytex Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2022 | ₹931.67 | ₹947.23 | ₹15.56 |
| 2023 | ₹621.67 | ₹717.37 | ₹1.49 |
| 2024 | ₹399.61 | ₹426.37 | ₹26.76 |
Vardhman Polytex Rights Issue 2024 Allotment Status
Alankit Assignments Ltd
Phone: (011) 4254 1234
Email: [email protected]
Website: http://ipo.alankit.com/
Vardhman Polytex Rights Issue 2024 Lead Managers
- Arihant Capital Markets Ltd
Company Address:
Vardhman Polytex Ltd.
Vardhman Park, Chandigarh Road,
Ludhiana – 141123
Phone: 911616629
Email: [email protected]
Vardhman Polytex Rights Issue 2024 FAQs:
When is Vardhman Polytex Rights Issue 2024 Record Date?
What is Vardhman Polytex Rights Issue 2024 Price?
What is the Vardhman Polytex Rights Issue 2024 Ratio?
How to apply for Vardhman Polytex Rights Rights Issue 2024?
Follow IPO Watch for the Upcoming IPO News and their reviews, also keep following us on Twitter, Facebook, and Instagram. For our latest videos, subscribe to our YouTube channel.
